Chinese Giant Sinopec Eyes Stake in Canadian Cedar LNG Project
China’s state-owned energy giant Sinopec is in talks with Pembina Pipeline Corporation over buying a stake in a planned Canadian LNG project and an offtake agreement for LNG from the facility on the Pacific coast, Reuters reported on Monday, quoting unnamed sources familiar with the development. Pembina is a partner in the proposed Cedar LNG floating LNG export facility in Kitimat, British Columbia, alongside the Haisla Nation. Cedar LNG is the world’s first Indigenous majority-owned LNG project and is planned…